Credit union service organization (CUSO) Velera appointed five continuing board members to its executive committee that helps guide the CUSO’s direction. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The battle for the small and medium-sized business (SMB) share of wallet is heating up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Financial innovation is often seen as the domain of billion-dollar institutions, but the latest data reveals a surprising shakeup: The smallest credit unions are catching up — and in some areas, even outpacing — their larger counterparts. It turns out that small does not mean...
Credit unions tend to evoke images of simple, brick-and-mortar institutions, where friendly employees who know you by name make up for the lack of financial bells and whistles at big banks. That almost quaint perception is rapidly becoming outdated. Get the Full Story Complete the...
The federal credit union tax exemption was preserved during the markup of a tax reconciliation bill in the House Ways and Means Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Understanding the evolving dynamics of this relationship is paramount for credit union executives and FinTech entrepreneurs alike. While the share of FinTechs selling consumer-facing and back-end digital banking technologies to CUs has remained stable for the past four years, recent PYMNTS Intelligence data reveals stark...
If you can’t beat ‘em, join ‘em. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...
Vermont-based 802 Credit Union (802CU) has selected credit union service organization (CUSO) Velera to provide debit and credit card processing support. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The last decade has seen a dizzying acceleration in digital banking innovation. From slick mobile-first challenger banks to the sprawling networks of national giants, competition for consumer attention (and wallet share) has never been fiercer. Get the Full Story Complete the form to unlock this...